The client, their challenge
Our client is the leader in real estate asset management within the student housing sector. As an active investor, owner and manager of global real estate, they manage approximately $6bn in assets and operate in 70 cities in nine countries. Their portfolio includes both acquired and developed properties.
In an effort to maintain strategic focus on real estate development and management, the firm sought to outsource its internal finance and reporting function.
Our solution
IQ-EQ was selected as the outsourced service provider, providing the following services:
- Corporate governance – independent directors, company/entity formation, registered office
- Financial accounting – financial statements, consolidated/interim reporting, regulatory reporting, investor reporting, audit coordination, tax compliance
- Corporate compliance – company secretarial, bank account set-up, ongoing bank account operation and management
Results
IQ-EQ maintains a strong and long-standing relationship with this client spanning multiple jurisdictions. Together, our teams in Ireland, Jersey, Luxembourg and the U.S. are currently servicing over 150 entities for the real estate firm, providing accounting and administration support to both its funds and the underlying corporate entities.